Recent happenings in the crypto sphere seemed to hint at a potential market rally playing out soon. Bitcoin halving event scheduled for April 2024 is recognized as one of the major bull market drivers, considering the impact of past events on the crypto markets trend.
Bullish sentiments and price predictions on several crypto projects have become the order of the day. XRP seemed to top the chart following several analyses from top crypto chartists projecting the token to incredibly market-high prices.
Aside from the bullish predictions and sentiments in XRP, market watchers appear confident that now is the best time to accumulate the digital asset. In light of this, we shall be estimating the potential return on investments (ROIs) for XRP if the token reclaims its ATH of $3.8
Notably, while drafting this insight, XRP was changing hands at approximately $0.55. Readers should take note of the price as it would serve as the basis of this evaluation.
ROI For A $5,000 XRP Investment
At XRP’s current price, a $5,000 investment capital will be sufficient to procure approximately 9,000 XRP. These tokens will be worth about $34,200 once XRP reclaims its ATH. Profits from this investment will be worth around $29,200.
ROI For A $10,000 XRP Investment
A $10,000 investment would accumulate about 18,180 XRP at current price. This same quantity of coins will be valued at $69,100 at ATH, implying profits in the range of $59,100.
ROI For A $50,000 XRP Investment
A $50,000 investment would accumulate roughly 90,900 XRP at current price. This same number of coins will be worth $345,450 at ATH, implying profits in the range of $295,450.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Read Also: Ripple Transfers 120M XRP To This ODL Partner in October, Sparks Selloff Concerns
ROI For A $100,000 XRP Investment
At XRP’s current price, a $100,000 investment capital will be enough to purchase approximately 181,800 XRP. These tokens will be worth about $690,900 once XRP reclaims its ATH. Profits from this investment will stand at around $590,000.
ROI For A $300,000 XRP Investment
Investors willing to splash $300,000 on XRP now will accumulate approximately 545,450 tokens. At XRP’s ATH, these coins will amount to about $2.07 million, implying profits worth $1.77 million.
ROI For A $500,000 XRP Investment
At current price, spending a substantial investment capital of $500,000 to buy XRP will accrue about 909,000 tokens. This investment will be worth relatively $3.45 million at ATH, yielding about $2.95 million in profit.
Readers are encouraged to do the necessary research before purchasing any crypto asset to avoid the risk of losing your hard earned money. This piece is meant to educate readers, not investment advice.
Follow us on Twitter, Facebook, Telegram, and Google News
